Safety Insurance Group (SAFT) Declares $0.90 Quarterly Dividend; 4.4% Yield
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Safety Announces Third Quarter 2021 Results and Declares Fourth Quarter 2021 Dividend
November 3, 2021 4:05 PM EDTBOSTON--(BUSINESS WIRE)-- Safety Insurance Group, Inc. (NASDAQ: SAFT) (the Company) today reported third quarter 2021 results.
Net income for the quarter ended September 30, 2021 was $24.8 million, or $1.64 per diluted share, compared to net income of $44.7 million, or $2.96 per diluted share, for the comparable 2020 period. Net income for the nine months ended September 30, 2021 was $98.7 million, or $6.58 per diluted share, compared to net income of $85.2 million, or $5.58 per diluted share, for the comparable 2020 period. Non-generally accepted accounting principles (non-GAAP) operating income, as defined below, for the quarter ended September 30, 2021 was $1.70 per diluted share, compared to $2.53 per diluted... More
